July - 2019CONSTRUCTIONTECHREVIEW.COM6The technological, social, and market evolutions currently in play will significantly transform the field of project management. Project managers around the world are preparing for the significant shift in their roles and its dynamics as the world transcends into the next phase of digital. For instance, following the world-altering inventions of steam power, electricity, and the internet, AI is propelling the global society into a fourth industrial revolution. Internally, companies are using AI to automate tasks ranging from scheduling to data visualization.For digital project managers, technologies powered by AI will assist in prioritizing projects and allocating resources for production. AI-powered bots can calculate the best projects to take on and quickly and efficiently schedule and assign resources in real-time. Real-time scheduling of operations means that organizations can adjust to any late-breaking developments in employee availability or client needs. Machine intelligence can also contribute to improved decision-making on multiple levels within a company. Since bots are being used for fact-gathering and data analysis, project managers will find aspects like relationship-building and negotiating as the critical part of their role. AI research teams will be building machine learning systems to augment a project manager's decision-making ability by analyzing data from multiple projects in the project portfolio. As a result of our complex work environments, Agile, Waterfall, and several different methodologies are often incorporated into custom blends under the project management umbrella. Companies are increasingly adopting simultaneous planning and flat hierarchies, replacing the linear, traditional method for developing products. Project managers will need to evolve to stay at par with the latest methodologies and how they're being applied while incorporating flexibility into their project plans enabling them to test and learn new approaches.This edition of Construction Tech review brings some you some of the best practices of Project management as the industry steps into the industry 4.0, along with some of the prominent project management service providers who will be crucial in driving these changes and bringing them to norm, while excelling with their services and product portfolio in the project management space. Let us know your thoughts!Michael Rosario Managing Editorconstructiontechreview.comCreating Value at Work for Project ManagersCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerCalvin JamesManaging EditorMichael Rosario*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffVisualizersJohn GothamChristina ThomasContact Us:Phone:510-996-5173Email:sales@constructiontechreview.comeditor@constructiontechreview.commarketing@constructiontechreview.com July - 09 - 2019, Vol 02 SE 02 Published by ValleyMedia, Inc.To subscribe to Construction Tech ReviewVisit www.constructiontechreview.com
< Page 5 | Page 7 >